#ZENTEC trading above Resistance of 837
Next Resistance is at 1072
Support is at 630
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only....
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
NSE: ZENTEC is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on...
Stock Name - Zen Technologies Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 489
#This is not Buy and Sell recommendation to any one. This is for...
An India based company engaged in the design , development and manufacturing of training simulators which offers its products to paramilitary, armed, police forces and government departments. It has one of the best drone designing tecnology unit. Recently got big orders . Now broken multiyear resistance trend line. A long way to go. Future is ver fruitful.
Stock Name - Zen Technologies Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 300
#This is not Buy and Sell recommendation to any one. This is for...
Chart -> Zentec Weekly
Breaking out of a symmetrical triangle pattern.
CMP: 212
Targets: 225 and 250
SL: 190 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Stock Name - Zen Technologies Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 303.
#This is not Buy and Sell recommendation to any one. This is for...
#MONDAY#
#LONG-TERM#
@VK2413
NSE:ZENTEC
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ZENTECH is a Indian company, involved in manufacturing drones and other technical stuff required by the DEFENCE system.
According to its present momentum ,a very good stock for long term.
It's now available at its lowest price, grab more....
Since Indian govt took initialization for drone manufacturing, most of...
Zentech is now at a very important level 52 weeks high (237.85) and also close to the resistance line. breakout will give a boom in the stock. triangle pattern along with the morning star candle is identified in the chart.
Buying on Demand Zone. Price and Trend line Support.
There was buying in IT Sector. Keep an eye on IT sector.
Views are personal, not any recommendation.
Note: This is for educational purpose only.
There seems to be a bullish ascending triangle breakout with ultra high volume. There seems to be a breakout in RSI as well. RSI above 65 indicates bullish momentum.
